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Canadian Aluminum Diverted To Europe: Pressure On Premiums And Tensions In Rotterdam And Trieste
The imposition of a 25 percent duty on Canadian aluminum imports by the United States has opened a new phase in global flows of the raw material. According to market sources in the week to Thursday, April 17, about 50,000 additional tons of Canadian primary aluminum...
Waiting Steel Markets: Pressure On Scrap, Stability For Billets But With Downward Outlook
In the Italian ferrous scrap market, the signs of subsidence that had already emerged at the end of last week took the form of an average drop in quotations of around EUR 10 per tonne. Influencing the trend was, first of all, an increased availability of material,...
Italian Steel Production In Recovery: Production Grows In March Driven By Hot Rolled Flat
March was a time of recovery for the Italian steel industry. Domestic steel mills produced 2.0 million tons (Mt) of steel, marking a 6.0 percent year-on-year increase compared to March 2024. This result shows a marked turnaround from the slowdown recorded in the same...
European Steel Markets Amid Uncertainty, Falling Prices And Expectations For May.
April proves to be a decidedly subdued month for the international pig iron market, characterized by almost no trade activity and demand that is struggling to recover. Further burdening an already complex scenario is the political uncertainty related to the Trump...